CSC and Transport for London Extend Outsourcing Agreement Valued at $33 Million
News Release -- April 03, 2012
FALLS CHURCH, Va., April 3 – CSC (NYSE: CSC) announced today that it has signed a new information technology (IT) outsourcing agreement valued at $33 million with Transport for London (TFL), extending the existing contract by twenty-seven months. The contract extension was signed during CSC’s fiscal 2012 third quarter.
Under the extended agreement, CSC will continue to manage a range of IT services for TFL, including service desk, desktop support and the delivery of real-time customer information at a number of London underground stations.
Liz Benison, CSC UK president, said, “We are delighted to be extending our relationship with TFL and working hand in hand with them as they implement a new IT agenda to support their critical business systems and services. Levering our skills and expertise, we will be providing technology-enabled solutions to support them through the transformation.”
CSC provides IT services for travel and transportation companies across the world, including developing cutting-edge technology for sophisticated transportation systems in Europe. CSC has 28 clients in the rail industry across Europe, including Network Rail, Thalys, Veolia Transport, SNCF and Rail Cargo Austria.
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 98,000 employees and reported revenue of $16.0 billion for the 12 months ended December 30, 2011. For more information, visit the company’s website at www.csc.com.